Microlighters

Hey all, perhaps a silly idea but a thought I had when I read the post on the fire at cato , so figured why not throw it out and see...........How about a "Microlighters.co.za Helpmekaar Insurance club". .......details of what is covered etc and to what amount can be worked out, members each pay their R1-200 pm into the kitty.sort of a repairs stockvel? Have a small commitee to run it?
I have zero idea as to legalities etc, just an idea. ........

I am just as devastated as you are, my last plane CEW i had insurance that covered it "whilst not under its own power" as I took it to Mozambique a lot..ie trailer damage, theft etc. and it was really cheap they charged the same as a caravan I think..
I am phoning our brokers in the next hour..maybe we have some insurance gurus on the forum..must be somewhere??

eish ZULU1

About a year ago, a chap by the name of Johan Nel from Natal (not to be confused with Johann Nel from Klipriver airfield) was doing some research on something like this.

He had a questionnaire that he was sending out, I got one and filled it in and sent it back. What it basically involved was gathering info he required to build up a database of sorts. Once the whole scheme got a certain "critical mass" it could be deemed viable. Anyway, I have heard nothing since - did anyone else hear what happened ???

I am in a partnership and we have a Windlass, we decided to insure it in case one partner has a flying accident, avoiding leaving the other partners sitting with part shares in a wreck. We also have cover whilst on the trailer as well as when hangared. There is only one Insurance Co doing trikes/microlights so it seems and yes, it does cost 6 - 8 % of the hull value per annum.

There is a whole two page article on this subject in the latest afskies mag by Graham Speller. They did a survey on this forum in Aug and Sept "I think". Sad thing is that only 114 people responded. Check it out it should be somewhere on this forum.

Yes, maybe a bit of a wakeup call for those who do not (albeit reluctantly, like me) have insurance. Hopefully Mr Speller will come up with a package that does not cost that much (even if it does not cover that much). A pity that only a tenth of microlighters responded to the survey.

gertcoetzee wrote:Yes, maybe a bit of a wakeup call for those who do not (albeit reluctantly, like me) have insurance. Hopefully Mr Speller will come up with a package that does not cost that much (even if it does not cover that much). A pity that only a tenth of microlighters responded to the survey.

I wanted to but it asked for plane reg, and I didn't have one at the time

Guys, all ground risks cover is not that expensive (Meaning you are covered on the ground but not if you bend the airy on landing) - I am insured with Dennis Jankelow and Ass. Service is extremely professional. You pay a once off for a year's cover, when I changed airy's I did not have to take out a new policy, the details of the aircraft was merely changed.

Phone them now and you will be insured by this afternoon, it is worth it!

D

hey BigD, does that cover include, hanger theft , fire (those pics of Cato are heartbreaking)etc? What is approx cost, based on a % of cover I suppose?

Dreamer

Includes fire, theft.

I pay less than R3k per year (can't remember exact amount) for R100k airy.

Not that money will be able to replace Precious, but at least I then have a pay-out towards the next airy should the hanger burn down (touch wood)

D

Thanks Big D, that is very reasonable.will def look into it.

Big D wrote: Includes fire, theft. I pay less than R3k per year (can't remember exact amount) for R100k airy.
<SNIP>
D

3K on 100K is 3% pa !!! I think some of the blik aeries pay that almost all inclusive depending on experience. Saw something on Avcom about it. I still think we are being screwed. RV4ker might have more info, I think it was his post...

Rudi